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Madéo is a 50-year-old woman. She is married and the mother of four children, one of whom is in school. Her oldest child is 23 years old, the youngest is 14.

Madéo has been working as a reseller since 2002. She sells household electrical appliances to all clients, in her shop. She buys her products in Lomé and works alone. At the moment, her major difficulty is that she is out of stock.

Madéo has requested a third loan from WAGES for the purchase of electrical appliances. She wants to reinvest in the business.

In the coming years, she would like to open a second shop. She says that with the profits, she is planning to take care of her children's education.
View original language description ↓
Madeo est une femme âgée de 50 ans. Elle est mariée. Elle a 4 enfants, dont 1 à l’école. Le premier a 23 ans et le dernier a 14 ans.
Madeo travaille comme revendeuse depuis 2002. Elle vend des appareils électroménagers pour tous clients dans sa boutique. Elle achète les produits à Lomé. Elle travaille seule. Au moment, sa difficulté principale est la rupture de stock.
Madeo a requis son troisième crédit de WAGES afin d’acheter des appareils électroménagers. Elle veut réinvestir dans l’activité.
Dans les prochaines années, Madeo voudrait ouvrir une seconde boutique. Elle dit qu’avec les profits, elle prévoit d’assurer la scolarité de ses enfants.

Additional Information

About Women and Associations for Gain both Economic and Social

This loan is administered by Women and Associations for Gain both Economic and Social (WAGES), Togo’s second-largest microfinance institution. Along with a wide range of savings and loan products, WAGES offers its clients training programs in basic literacy, health care (HIV/AIDS and malaria), and business-related subjects (business management, marketing, accounting). You can show your support for WAGES by joining its lending team!

About Togo

  • $1,500
    Average annual income
  • 6
    View loans »
    Togo Loans Fundraising
  • $9,031,000
    Funds lent in using Kiva
  • 531.0
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD